Pou Chen Corp (9904) — Working Capital to Net Assets Ratio
Pou Chen Corp (9904) has a Working Capital to Net Assets ratio of 22.6% as of March 2026. Working capital of NT$52.98 Billion (current assets of NT$160.48 Billion minus current liabilities of NT$107.50 Billion) is measured against net assets of NT$234.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pou Chen Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pou Chen Corp Working Capital to Net Assets (2004–2025)
This chart shows how Pou Chen Corp's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 22.6%, reflecting working capital of NT$52.98 Billion against net assets of NT$234.38 Billion TWD. See 9904 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pou Chen Corp (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pou Chen Corp from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see 9904 market cap overview.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.9% | NT$75.91 Billion | NT$224.20 Billion | NT$161.08 Billion | NT$85.17 Billion | ▼ -2.8 pp |
| 2024 | 36.7% | NT$82.54 Billion | NT$225.14 Billion | NT$165.28 Billion | NT$82.74 Billion | ▲ +0.7 pp |
| 2023 | 36.0% | NT$72.88 Billion | NT$202.66 Billion | NT$157.86 Billion | NT$84.98 Billion | ▼ -6.8 pp |
| 2022 | 42.8% | NT$77.97 Billion | NT$182.13 Billion | NT$159.40 Billion | NT$81.43 Billion | ▲ +7.1 pp |
| 2021 | 35.7% | NT$74.09 Billion | NT$207.50 Billion | NT$162.89 Billion | NT$88.81 Billion | ▲ +0.9 pp |
| 2020 | 34.8% | NT$70.09 Billion | NT$201.24 Billion | NT$155.50 Billion | NT$85.41 Billion | ▼ -0.7 pp |
| 2019 | 35.5% | NT$67.40 Billion | NT$189.87 Billion | NT$165.64 Billion | NT$98.23 Billion | ▼ -11.2 pp |
| 2018 | 46.7% | NT$71.08 Billion | NT$152.20 Billion | NT$164.38 Billion | NT$93.30 Billion | ▲ +2.4 pp |
| 2017 | 44.3% | NT$70.21 Billion | NT$158.38 Billion | NT$154.67 Billion | NT$84.46 Billion | ▼ -2.7 pp |
| 2016 | 47.0% | NT$76.59 Billion | NT$163.01 Billion | NT$151.32 Billion | NT$74.73 Billion | ▲ +11.5 pp |
| 2015 | 35.5% | NT$55.01 Billion | NT$154.80 Billion | NT$145.66 Billion | NT$90.66 Billion | ▼ -9.8 pp |
| 2014 | 45.3% | NT$68.96 Billion | NT$152.13 Billion | NT$143.59 Billion | NT$74.64 Billion | ▼ -1.2 pp |
| 2013 | 46.5% | NT$63.97 Billion | NT$137.62 Billion | NT$131.25 Billion | NT$67.27 Billion | ▲ +9.1 pp |
| 2012 | 37.4% | NT$49.84 Billion | NT$133.23 Billion | NT$120.37 Billion | NT$70.53 Billion | ▼ -2.5 pp |
| 2011 | 39.9% | NT$50.39 Billion | NT$126.30 Billion | NT$112.43 Billion | NT$62.04 Billion | ▲ +9.4 pp |
| 2010 | 30.5% | NT$34.76 Billion | NT$113.94 Billion | NT$96.46 Billion | NT$61.70 Billion | ▼ -11.8 pp |
| 2009 | 42.3% | NT$49.87 Billion | NT$117.77 Billion | NT$121.93 Billion | NT$72.05 Billion | ▲ +12.1 pp |
| 2008 | 30.2% | NT$31.96 Billion | NT$105.74 Billion | NT$108.09 Billion | NT$76.12 Billion | ▲ +2.9 pp |
| 2007 | 27.3% | NT$25.01 Billion | NT$91.62 Billion | NT$92.12 Billion | NT$67.11 Billion | ▼ -7.6 pp |
| 2006 | 34.9% | NT$26.82 Billion | NT$76.79 Billion | NT$73.74 Billion | NT$46.92 Billion | ▲ +9.1 pp |
| 2005 | 25.8% | NT$17.70 Billion | NT$68.65 Billion | NT$69.54 Billion | NT$51.84 Billion | ▼ -12.9 pp |
| 2004 | 38.7% | NT$23.49 Billion | NT$60.66 Billion | NT$64.65 Billion | NT$41.16 Billion | — |